$80,000
SOLD MAY 9, 2012

16 Drake St Bound Brook, NJ 08805

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

About This Home

As of February 2020

This home is located at 16 Drake St, Bound Brook, NJ 08805 and is currently priced at $80,000. 16 Drake St is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

Last Agent to Sell the Property

DJEINE PIETRONI

TERRA REALTORS Listed on: 05/09/2012

Last Buyer's Agent

Elizabeth Bataille

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,899

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,899

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 16
  • I D: 4202388
  • Modified: 2021-09-23
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 29X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2025
Sold by
Lns Real Estate Llc
Bought by
Narayan Sivakumar Lekshmi
Current Estimated Value
$514,629

Purchase Details

Listed on
Jan 30, 2020
Closed on
Mar 3, 2020
Sold by
Mueller Michael E
Bought by
Lns Real Estate Llc
Seller's Agent
MICHAEL MUELLER
UNITED REAL ESTATE
Buyer's Agent
Tara Joswick
RE/MAX INSTYLE
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Interest Rate
3.45%

Purchase Details

Listed on
May 9, 2012
Closed on
May 9, 2012
Sold by
Martins Anne Cristina
Bought by
Mueller Michael E
Seller's Agent
DJEINE PIETRONI
TERRA REALTORS
Buyer's Agent
Elizabeth Bataille
COLDWELL BANKER REALTY
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.66%

Purchase Details

Closed on
Jul 8, 2005
Sold by
Sempervive Kevin
Bought by
Martins Anne Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.67%

Purchase Details

Closed on
Sep 27, 2004
Sold by
Smeraldo Thomas
Bought by
Sempervive Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.85%

Purchase Details

Closed on
Jun 14, 2002
Sold by
Litwinko Lucja
Bought by
Smeraldo Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,277
Interest Rate
6.81%

Purchase Details

Closed on
Nov 19, 1997
Sold by
Pitoscia Rosemarie
Bought by
Litwinko Lucja and Litwinko Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- New Dawn Title
Deed $325,000 --
Deed $80,000 None Available
Deed $339,900 --
Deed $260,000 --
Deed $142,900 --
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Previous Owner $272,000 No Value Available
Previous Owner $234,000 No Value Available
Previous Owner $130,277 No Value Available
Previous Owner $40,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $325,000 0.0% --
02/24/2020 02/24/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $325,000 +306.3% --
05/09/2012 05/09/12 Sold $80,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,899 $392,200 $152,000 $240,200
2023 $8,524 $361,500 $127,000 $234,500
2022 $8,091 $325,200 $102,000 $223,200
2021 $7,015 $275,900 $72,000 $203,900
2020 $7,307 $236,700 $52,000 $184,700
2019 $7,015 $216,700 $32,000 $184,700
2018 $5,981 $179,400 $32,000 $147,400
2017 $5,962 $174,800 $32,000 $142,800
2016 $6,406 $189,200 $12,000 $177,200
2015 $6,195 $187,100 $12,000 $175,100
2014 $6,184 $180,400 $12,000 $168,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MICHAEL MUELLER

    UNITED REAL ESTATE

  • Tara Joswick

    Buyer's Agent in 2020

    Tara Joswick

    RE/MAX

    (908) 800-3794

    5 in this area

    51 Total Sales

    Section Image

  • D

    Seller's Agent in 2012

    DJEINE PIETRONI

    TERRA REALTORS

  • Elizabeth Bataille

    Buyer's Agent in 2012

    Elizabeth Bataille

    COLDWELL BANKER REALTY

    (908) 202-1702

    154 Total Sales

    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 2912165

Garden State MLS

APN: 04-00007-0000-00042

New Jersey Somerset County Bound Brook 08805

16 Drake St, Bound Brook, NJ

This home is located at 16 Drake St, Bound Brook, NJ 08805 and is currently priced at $80,000. 16 Drake St is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes